IFC, the AfDB, and founding partners today announced the appointment of Inspired Evolution as the investment manager for Zafiri, a new investment vehicle focused on… Read More »Inspired Evolution appointed as investment manager for Zafiri
The PayGo Lab founding team has made the strategic decision to shut down the PAYGo Lab. They will be starting a new chapter as the… Read More »PAYGo Lab becomes Micro Asset Finance Lab
The World Bank-backed Mwinda Fund, which could become Africa’s second-largest financial facility for off-grid power projects, expects to start disbursing money in the Democratic Republic of… Read More »Congo’s $500m Mwinda Off-Grid Fund to start disbursing
After over a decade of investment and expansion across Africa, M-KOPA has finally turned a profit. The Nairobi-based asset-financing startup reported a profit of KES… Read More »M-KOPA turns its first-ever profit
Acumen announced it has secured $246.5 million in approved and committed capital for its Hardest-to-Reach Initiative (H2R), a first-of-its-kind blended finance strategy to scale clean and inclusive… Read More »Acumen secures over $245m for Hardest-to-Reach initiative
HSFG member Acumen, the global impact investor building markets to solve poverty, has launched its second KawiSafi fund, focused on accelerating climate solutions in Africa.… Read More »KawiSafi announces $90m in approved capital to accelerate climate solutions across Africa
Baobab+ will henceforth operate as Izili, reaffirming its role as a last mile distributor dedicated to extending affordable solar power and digital connectivity to underserved… Read More »Baobab+ becomes Izili
A newly established multi-stakeholder alliance — the Agri-Energy Coalition — is officially launching at the 2025 Africa Food Systems Forum (AFSF) to address the critical challenges at… Read More »New coalition formed to power food systems with clean energy
CEI Africa is excited to announce the third round of applications for its Smart Outcomes Fund (SOF) Component., managed by GreenMax Capital Group This funding… Read More »Smart Outcomes Fund new funding call
Sun King, the world’s largest off-grid solar energy company, has closed a landmark $156 million (KES 20.1 billion) securitisation to scale affordable solar across Kenya.… Read More »$156m Sun King commercial bank backed securitisation